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Business

Natco Pharma Raises Investment in US Firm eGenesis to $16.7 Million

Natco Pharma Ltd announced it will increase its investment in US biotechnology company eGenesis Inc from $14 million to $16.7 million (about ₹139 crore). Natco Pharma (Canada) Inc will invest $13.7 million and Natco Pharma USA LLC $3 million. The deal involves convertible promissory notes with 8% annual interest, expected to complete by October 31. Total investment will reach $24.7 million, supporting new therapeutic programs.

Business Standard·3h ago

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Science

Early Cold Spell in North India Linked to Weather, Not El Niño

Delhi and parts of north India experienced an unusual temperature drop in late September, with Delhi's minimum hitting 21°C on September 27, the lowest since 2001. Experts attribute this sudden chill to an active weather system, rain, clouds, and the southwest monsoon's withdrawal, not an early winter or El Niño. However, El Niño may influence the broader winter season in coming months.

News18·11m ago·Delhi

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Entertainment

Mirzapur Movie Director Gurmmeet Singh on Controversies and Vikrant Massey Exit

Director Gurmmeet Singh of Mirzapur The Movie discussed the film's box office success and its impact on OTT-to-theatre transitions. He addressed backlash against Rasika Dugal's character and noted the persistence of patriarchal attitudes in social criticism. Singh also mentioned legal issues over the use of the Shoorveer song in a violent scene, with producers handling the response. He expressed gratitude for the audience's support.

HT Entertainment·49m ago

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Politics

Supreme Court Fines UP Government ₹10 Lakh in Sambhal Violence Case

The Supreme Court imposed a ₹10 lakh cost on the Uttar Pradesh government in the Sambhal violence case involving accused Mulla Afroz. The court ruled that preventive detention orders cannot be based solely on alleged confessions given by an accused in police custody. This decision highlights legal safeguards against misuse of preventive detention.

Aaj Tak·11m ago·Sambhal

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Entertainment

Akshara Singh Supports Amrapali and Riti After Bigg Boss 20 Nomination

After being nominated for eviction in Bigg Boss 20, Bhojpuri actresses Amrapali Dubey and Riti Tiwari face the risk of leaving the house this week. Bhojpuri actress Akshara Singh has come out in their support, urging fans on social media to vote for them. She also praised Amrapali's gameplay specifically.

News18Hi Entertainment·8m ago

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Business

PB Fintech Shares Drop 42% Amid IRDAI Reform Proposal

PB Fintech shares fell 42% over four sessions, erasing Rs 37,000 crore in market value after IRDAI proposed reforms targeting insurance distribution and dark patterns. Jefferies lowered its target price to Rs 1,540, while Bernstein maintained an Outperform rating with a Rs 2,310 target, suggesting up to 100% upside potential.

ET Markets·25m ago

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